Kuwait · Delayed Price · Currency is KWD · Price in KWF Kuwait Real Estate Company K.P.S.C. Company Description
Kuwait Real Estate Company K.P.S.C., a real estate company, owns, develops, and manages buildings in Kuwait and internationally.
It operates in three segments: Real Estate, Investment, and Services. The company is involved in sale, purchase, renting out, and leasing of lands and real estate properties; preparation and implementation of studies of the private and public real estate projects directly or through mediation; trade in materials related to real estate and other works; investment in companies’ shares or projects; contracting works; managing others' properties; and erect private and public buildings and projects, including malls, entertainment centers, and touristic utilities.
It also engages in the acquisition, sale, and purchase of shares and bonds; provision of maintenance works related to the buildings and properties, such as civil, mechanical, and electrical works, as well as elevators and air conditioning works; organization of real estate exhibitions; and holding of real estate auctions.
In addition, the company offers property management services comprising financing, valuations, market appraisals, sales, and acquisitions; search, advisory, sales, and financial services, property and facilities management, project management, and consultancy services; consultancy and transactional services, such as leasing, sales, site search and feasibility, space analysis and optimization, price negotiation, renewal, and legal services, etc.; and hospitality services, including sourcing, conception, and implementation.
Further, it provides real estate services in the residential, retail, commercial, and hospitality services sectors.
Kuwait Real Estate Company K.P.S.C. was incorporated in 1972 and is based in Kuwait City, Kuwait.
| Country | Kuwait |
| Founded | 1972 |
| Industry | Real Estate Operators (except Developers) And Lessors |
| CEO | Talal Bader Jassim Al-Bahar |
Contact Details
Address: Souk Al Kuwait Building, Block B Kuwait City, 13013 Kuwait | |
| Phone | 965 1828999 |
| Website | aqarat.com.kw |
Stock Details
| Ticker Symbol | KRE |
| Exchange | Kuwait Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | KWD |
| SIC Code | 6510 |
Key Executives
| Name | Position |
|---|---|
| Talal Bader Jassim Al-Bahar | Chief Executive Officer |
| Maher Khalaf | Chief Financial Officer |
| Awrad Al-Enezi | Head of Investor Relations |